Tag Archives: Societe Generale

Societe Generale, the French banking giant, disclosed a notable decline in fourth-quarter net income on Thursday, yet managed to surpass analyst forecasts due to signs of recovery in its domestic retail business and stable trading revenue from its investment bank. Financial Highlights: Beat Analyst Estimates Despite Profit Dip Group net …

France’s Societe Generale reported a net income of 1.44 billion euros (about $1.71 billion) for the second quarter of the year, buoyed by a recovery in retail banking in France. Analysts had expected a net profit of 704 million euros for the three-month period, according to Refinitiv data. The latest …